Rich people build assets not liabilities. On the other... - Deepstash

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Rich people build assets not liabilities. On the other hand, middle class spend their money on liabilities.

If you want to be rich and successful, you need to build assets. The more asset you have, the more money you will make.

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MORE IDEAS FROM THE SAME ARTICLE

There are going to be failures on the way. You can never find any successful or rich person who never failed in life.

Failure is not a failure, when you can learn from it. But most people quit when they fail and this is what separate winners from losers.

Learn from your mistake and le...

Warren Buffett, the third richest man in the world once said, “The More You Learn, The More You Will Earn”. Feed this quote in your mind. Because it will change your life guaranteed.

Learn new things everyday. And it will help you to accumulate wealth as much as you want. You want billions?...

You will create wealth from your business but when you create it, never spend it anywhere instantly. You need to reinvest your money back into the business or creating a new business.

Because you want to get rich fast not slow. In order to do that, you need to reinvest your money.

It ...

You need to invest money to build assets. Because assets will help you to create passive income. Asset is something that brings money in your pocket even when you’re sleeping.

Making money is a simple process, but it takes effort to create wealth.

Here are few examples of asset :

If you are looking for ways to get rich fast, then you are on the best place. Because you are going to find valuable information that actually works.

There are a lot of people who want to get rich quickly but lack of right information stops them.

If you want to get rich and successful...

There’s a truth and only wealthy people knows the truth. It is as important as golden words.

Do you want to know the truth?

Well, the truth is, getting rich doesn’t happen overnight. You need learn, grow and become the person who can handle millions and billions of dollars.

Lott...

Business is an incredible way to accumulate wealth. It can generate wealth without your own involvement when you set it up on automation.

Invest your money in a business and make your business successful. Because your business can generate enormous amount of money with the right process.

You need an income stream because you will need some capital to start your business or invest. In other words, you will need money to invest so you can get rich in short time.

You can skip this step if you want. It’s optional because some people already have some extra savings.

Howeve...

It’s simple formula, if you want to get rich fast, you need to do things fast. You need to execute fast and don’t wait for things to happen.

Execution matters and when you merge speed with execution, you will create magic. Start working and do the things faster than others.

You need t...

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Jamie DIMON, CEO OF JP MORGAN

”Investing should be a permanent thing. Save, invest. Save, invest. Guessing at market tops, market bottoms – that is a complete loser’s game. I’ve never seen anyone win at it. The smartest investor in the world, Warren Buffett, would...

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How to get wealthy

You don't need to earn a lot of money to become rich if you have healthy financial habits.

If you want to get wealthy, you need to consider three things:

  1. Earn
  2. Save
  3. Invest.

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Rich Dad, Poor Dad

"Rich Dad, Poor Dad" is a best-selling personal finance book, written by Robert T. Kiyosaki and Sharon L. Lechter.

It reads like an allegorical story about Robert Kiyosaki and his two dads : a “poor dad”, a highly educated college professor & the “rich dad”, a wealthy entr...

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